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Demonetize

/diːˈmʊnətaɪz/

To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.

📖 Definitions of "Demonetize"

verb

1
To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.
2
To declare ineligible or worthless as a medium of exchange or as legal tender.
3
To demote (published content, or its creator) so that it is no longer eligible to earn money for its publisher.
"The site has the ability to demonetize a video."

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